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Hackers Access Personal Details of Tens of Thousands of Revolut Customers

TechCrunch | Carly Page | Sep 20, 2022

Revolut  - Hackers Access Personal Details of Tens of Thousands of Revolut Customers

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Fintech startup Revolut has confirmed it was hit by a highly targeted cyberattack that allowed hackers to access the personal details of tens of thousands of customers.

  • Response: Revolut spokesperson Michael Bodansky told TechCrunch:
    • an “unauthorized third party obtained access to the details of a small percentage (0.16%) of our customers for a short period of time.” Revolut discovered the malicious access late on September 11 and isolated the attack by the following morning.  We immediately identified and isolated the attack to effectively limit its impact and have contacted those customers affected.  Customers who have not received an email have not been impacted."

See:  Revolut executive resigns amid growing tensions with the FCA over banking license

  • In a message sent to affected customers posted to Reddit, the company said that “no card details, PINs or passwords were accessed.” However, the breach disclosure states that hackers likely accessed partial card payment data, along with customers’ names, addresses, email addresses and phone numbers.
  • How many customers:  first spotted by Bleeping Computer, the company says 50,150 customers were impacted by the breach, including 20,687 customers in the European Economic Area and 379 Lithuanian citizens.
  • How did it happen:  The disclosure states that the threat actor used social engineering methods to gain access to the Revolut database, which typically involves persuading an employee to hand over sensitive information such as their password. This has become a popular tactic in recent attacks against a number of well-known companies, including TwilioMailchimp and Okta.

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